Businesses are moving en masse to the cloud — with 78% adopting cloud in most or all parts of their operations. Yet, many struggle to extract tangible value from these investments. In PwC’s 2023 Cloud Business Survey, we took a deep dive into the underlying factors that turn cloud investments into winning scenarios.
Along the way, we learned about the importance of establishing a modern data strategy and adopting a holistic approach to the cloud. This increases the odds that everyone in the organization is in sync and moving in the same direction.
What does this mean in a practical sense? Cloud-powered companies prioritize data, with 100% of cloud leaders reporting that their decision-making abilities have improved through cloud technologies. With high-quality data on hand, these companies guide the rest of the organization toward cloud technologies that deliver value, efficiency, effectiveness and confidence.
As cloud-powered technologies like generative AI become core to sustainable business relevance and success, strategies should keep pace. It’s important to continuously improve the quality and timeliness of data and establish strong leadership for things related to the cloud.
Microsoft Azure stands at the intersection of modern data strategy and leadership. It provides the essential data-centric backbone that cloud-powered companies require. Here’s how Azure can generate value and play a central role in your organization’s success.
